In that case, the effect of the Earth's rotation would be that there's a phase difference of $2\pi\cos\theta$ between the pendulum's initial circular rotation and its circular rotation after going around the earth once.
($\theta$ being the angle in spherical coordinates relative to the earth's rotational axis)
To get the usual Foucault pendulum, one just notes that linear oscillation is a superposition of two opposite circular motions. (i'm stealing this from a Michael Berry article)
but I'm not saying anything useful. blarg.
There's somehow a link between this and the concept of parallel transport, is the thing.
"Rather than tracking the change of momentum, the precession of the oscillation plane can efficiently be described as a case of parallel transport. For that, it can be demonstrated, by composing the infinitesimal rotations, that the precession rate is proportional to the projection of the angular velocity of Earth onto the normal direction to Earth, which implies that the trace of the plane of oscillation will undergo parallel transport."
After 24 hours, the difference between initial and final orientations of the trace in the Earth frame is $\alpha = −2\pi \sin \phi$, which corresponds to the value given by the Gauss–Bonnet theorem. $\alpha$ is also called the holonomy or geometric phase of the pendulum. When analyzing earthbound motions, the Earth frame is not an inertial frame, but rotates about the local vertical at an effective rate of $2\pi \sin \phi$ radians per day.
($\phi$ here is the latitude.)